3

RIM's Stock Tumbles on News of New CEO

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

Research In Motion (Nasdaq: RIMM) bids farewell to co-chief executives Jim Balsallie and Mike Lazaridis in a management shift that the company hopes will make it more competitive against Google's (Nasdaq: GOOG) Android and Apple's (Nasdaq: AAPL) iPhone devices.

Apache (NYSE: APA) , one of the biggest U.S. gas producers, is buying privately held oil and gas company Cordillera Energy Partners III for $2.85 billion in cash and stock.

Please enable JavaScript to view this video.

If you're interested in mobile stocks, then you don't want to miss this special free report from The Motley Fool's Stock Advisor team: "The Next Trillion Dollar Revolution." This free report reveals one stock that's cashing in on changes in the mobile industry. I encourage you to click here to get instant access to this free report while it's still available.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Sending report...

I've been an analytical writer for The Motley Fool since 2011. I cover the sectors of Consumer Goods, Technology, and Industrials. Connect with me on Twitter using the handle, @TamaraRutter -- I'd love to hear from you!
Follow @tamararutter